Example Claude AI Simple App

What's the bottom line?  An AI app I wrote to help users make important decisions about Social Security retirement. 

My friend, Chris, lost her job in a recent large tech layoffs. While she used to make six figures, she can no longer find work. She is 62, and realized that she might need to start collecting social security so that she doesn't lose her home. Plus, she is looking into work that pays substantially less than she used to earn. 

To her amazement, she learned that not only do you get a forever-lowered social security payment if you collect before full retirement age (FRA), but you also have to forfeit a portion of the social security payments, depending on what you earn. It's a complex formula. 

For every two dollars you earn over a set amount, you lose 1 dollar in benefits. Chris went to the social security calculator, but noticed that it didn't give you the bottom line, it just calculated how much you lose in benefits. She mentioned this to me, so I built a Google Sheets that showed the impact of making salaries ranging from $1000 a year to $100,000, based on the amount of benefits she would get yearly. To calculate this, you need to go to SS.Gov and learn what your monthly benefit will be the year that you want to do this exercise for. (The Sheets tool could also be a used to figure out the optimal salary to request if you were able to convert to part-time.). The Sheets tool isn't ready to share yet, but I did create a quick calculator using Claude. All you need is your estimated monthly benefits, and your wages. Try it and let me know what you think! 

Here is the app if you want to try it. 

https://carolynwriter.github.io/SocEarlyRetirementWageEffectCalculator/

This App will be evolving. Next steps: 

1) Jazz up the interface.

2) Add more information about the rules and strategies.

3) Add a field figuring out how much more you keep the year you reach full retirement age (the amount you can earn without deduction changes from roughly 25 k to roughly 60k). 

4) Help users compare different scenarios 

Please tell me other items you'd like to see @ carolyn @ carolymcd dot com